The week is here! Pour yourself a cup of Guatemala Quetzaltenango coffee, sit outside and get ready for our longer weekend, it says.
• Who owns the Generative AI platform? Many hot technology trends generate too much hype before they reach the market. But the AI-generating boom has been accompanied by real gains in real markets and real traction by real companies. Models like Stable Diffusion and ChatGPT are setting all-time records for user growth, and several apps have reached $100 million in annual revenue less than a year after launch. Side-by-side comparisons show that AI models outperform humans by several orders of magnitude in some tasks. (Andresen Horovitz)
• Six types of wealth. Being rich is not just about moneyWhich resources you value is as important as the abundance of resources. The key is optimizing the right form of wealth. (Young Money)
• Future Crenge One day we will look back at this moment and think: What were we thinking? What are the things we do today that will seem shameful or otherwise regrettable to our future selves? the things that will make us cringe when we look back at how we lived our lives in the early 2020s. (New York Times)
• Why VR/AR is falling further behind when it hits the spotlightAs we look at the state of XR in 2023, it’s fair to say that the technology has been more challenging than most of the best-informed and financially-endowed companies anticipated. (Matthew Ball)
• The Violin Doctor He is trusted to repair the world’s most legendary and expensive instruments. How does John Becker manage to unlock the sound of Stradivarius? (Chicago Magazine)
• How much Netflix can the world absorb? Bela Bajaria, who oversees the streaming giant’s hyper-aggressive approach to making TV, says success comes from “understanding that people like to have more.” (New Yorker)
• “You have to grow up to survive.” The hungry, Twitter-happy editor turbocharged the magazine’s digital metabolism to “get back in the game,” says Gus Wenner, and along the way confused some staffers who wondered if the new Rolling Stone was becoming the old Daily Beast. (Vanity Fair)
• How to be 18 again for only $2 million a yearMiddle-aged tech centillionaire Brian Johnson and his team of 30 doctors say they plan to reboot his body. (Business Week)
• A forgotten existentialistSartre has great merit in existentialism. Karl Jaspers not only preceded him, but also offered a way out of despair (Eon)
• “SNL of Sabermetrics”. How a message board misfit group changed baseballMore than 25 years ago, Huckabee was at the center of one of baseball’s great underdog tales. “Revenge of the Nerds” meets “The Big League” with a little National Lampoon thrown in for good measure. as one former staffer put it, sabermetrics’ Saturday Night Live, a launching pad for talented outsiders. (athletic)
Be sure to check out our Business Masters next week with Neil Dutta, Head of Economic Research at Renaissance Macro Research. He joined RenMac after spending seven years at Bank of America-Merrill Lynch, where he was a senior economist covering the US + Canada. Prior to that, he was a research analyst at Barron’s.
JPMorgan Machine. America’s biggest bank handles everything they throw at it.
Source: Chartr
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